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OWC Pharmaceutical Researc OWCP
(Total Views: 355)
Posted On: 04/20/2017 8:40:12 AM
Post# of 15624
Posted By: moxaman
Re: Triple9 #7545
Triple9 - I think you are misinterpreting the boiler plate language here regarding revenue generation in 2017. If the cream is going to be market ready in Q3 that means it will start to be distributed in Q3 and/or Q4, assuming we have all agreements in place for manufacturing, distribution, and marketing. Emilia Cosmetics will be manufacturing the cream base so that part is done. Hopefully Michepro will handle sales, marketing and distribution for the EU. "Significant revenue" doesn't not mean "none" as you state, and they must be conservative in their estimates here in any case. It will certainly take more than a quarter or two to generate what most would consider significant revenue from cream sales and we won't be able to report those revs right away in any case. We may only get paid by whomever is distributing the cream quarterly ourselves.













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